Table 3

Direct effect outcome variable: GC

ModelCoeffSET95% CI
SHCA0.4953***0.041112.0588[0.4145; 0.5762]
DNFM−1.530*0.593−2.58[−2.697; −0.363]
Outcome variable: NVP
ModelCoeffSET95% CI
SCHA0.4866***0.0627.8441[0.3645; 0.6087]
GC0.2024*0.07112.8472[0.0625; 0.3422]
Direct effect of X on Y
EffectSET95% CI
0.4866*** 0.0627.8441[0.3645; 0.6087]
Indirect effect of X on Y
EffectSe95%CI
GC0.10680.0478 [0.0190; 0.2076]

Note(s): Direct effects were tested with confidence interval of 95%, N = 313, 5,000 bootstrap samples. SHCA = Strategic human capital analytics, GC= Generative capability, NVP= New venture performance, DNFM = Dual nationality founding member

***p < 0.001, **p < 0.01, and *p < 0.05

Source(s): Created by authors

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